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Business

German business confidence up more than expected

By David McHugh
Published
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FRANKFURT, Germany (AP) — A key measure of German business optimism rose slightly more than expected in December, suggesting Europe’s largest economy will avoid a recession despite a recent slowdown in growth.

The Ifo institute said Wednesday that its main index rose to 102.4 from 101.4 the month before. The consensus expectation among market analysts was 102.0

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